Reading time 10 minutesAccounting professionals are well aware and well-versed in the concept of a chart of accounts. The chart of accounts is a widely used term in the world of finance and accounting. It serves as the backbone of all accounting systems. Whether you’re a startup or a well-established enterprise, understanding and setting up your […]
Reading time 13 minutesWhy Start a Business in Singapore? Singapore is known globally for being one of the most business-friendly countries in the world. Entrepreneurs from around the globe are drawn to this Southeast Asian hub due to its strategic location, pro-business policies, world-class infrastructure, and strong legal framework. If you’re wondering why and how to […]
Reading time 16 minutesAs an entrepreneur, you’re bursting with a game-changing business idea and have set your sights on launching your startup in Singapore. While having a visionary idea is a powerful starting point, turning it into a thriving business is a whole different story. Before you know it, you’ll be navigating a mountain of paperwork […]
Reading time 10 minutesFiling an annual return is a legal obligation for Singapore businesses under the Companies Act. This yearly submission to the Accounting and Corporate Regulatory Authority (ACRA) offers an official update on your company’s financial standing and corporate structure, which is essential for maintaining transparency and compliance in Singapore’s business landscape. In this comprehensive […]
Reading time 9 minutesEvery business, irrespective of its size or industry, must maintain accurate financial records. These records monitor performance and ensure compliance with regulations, especially during tax filing in Singapore. One of the most essential tools in this process is the General Ledger. But what is a general ledger exactly? And why is it crucial […]
Reading time 7 minutesJoint Venture Agreement Checklist for Singapore-Based Companies Forming a joint venture agreement is a strategic move many Singapore companies make to collaborate on business opportunities, pool resources, or enter new markets. Whether you’re a startup, SME, or multinational, entering a joint venture without a well-structured agreement can expose your business to financial and […]
Reading time 15 minutesWhat Is Venture Capital? A Beginner’s Guide for Startups in Singapore Startups are often built on bold ideas, but bringing those ideas to life requires more than passion and persistence. Yes, it needs dollars. It takes funding. That’s where venture capital comes in. For many new businesses in Singapore, venture capital funding has […]
Reading time 8 minutesStarting an SME in Singapore: Legal, Financial & Operational Checklist Singapore is a global business hub known for its pro-enterprise policies, robust legal framework, and extensive support for small businesses. Setting up a small and medium-sized enterprise (SME) in Singapore is a promising opportunity for aspiring entrepreneurs, but it comes with specific legal, […]
Reading time 11 minutesWhat is AI Compliance? How Businesses Can Stay Ahead of Regulatory Risk Whether you’re building a startup or running an established business, chances are you’re already tapping into Artificial Intelligence (AI) to boost efficiency and drive growth. But with rapid advancements come growing pressures. How can you stay compliant while embracing the power […]
Reading time 8 minutesWhat Is Corporate Governance & How Does the Singapore Code Impact Your Business Whether you’re a solo entrepreneur dipping your toes in Singapore’s developed business landscape or a seasoned veteran expanding your business into Singapore, you’ll hear this term often – corporate governance. But what is corporate governance, and why does it matter […]
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